Chubb has officially made its mark on Philadelphia’s skyline. Over the weekend, the insurance giant’s name was installed atop its future headquarters at 2000 Arch St. in Center City. The 18-story, 438,000-square-foot office building, developed by Parkway Corp. on a former surface parking lot, is set for completion in the second quarter of 2026.

The $430 million build-to-suit project will house 3,200 employees, including 1,250 new jobs for Philadelphia. Designed to meet LEED Platinum standards for sustainability, the building is being constructed by Turner Construction, with Iron Workers Union Local 401 playing a key role in the project. Chubb joins other major companies with prominent signage on the city’s skyline, including Jefferson at 1101 Market St., WSFS at 1818 Market, Aramark at 2400 Market St., and FMC at Cira Centre South, overlooking the Schuylkill River.

Upon completion, the Chubb building will stand as the largest office project under development in the Philadelphia region.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.